Policy

Energy Subsidies

Australia Won't Subsidise Electric Vehicles

The approach is in stark contrast with Norway, which has promoted clean cars through tax breaks, resulting in battery EVs making up 54 per cent of new cars sold…

Climate Policy

Climate Policies of G20 Countries Fail to Meet Goals Set Under Paris Agreement

It highlights examples of what works and could be replicated elsewhere, and flags where more progress is needed.

OPEC

Oil Prices Rally As OPEC+ Maintains Its Production Policy

The Joint Ministerial Monitoring Committee of the OPEC+ group wrapped up their monthly meeting on Wednesday in record time and, as widely expected, did not make…

Nuclear Policy

Poland Approves 2040 Energy Policy

The policy includes construction of six nuclear power units.

Climate Policy

China Launches Carbon Emissions Trading Scheme

The system is expected to eclipse that of the European Union to become the world's largest emissions trading scheme (ETS).

Crude Oil

Belarus to Raise Export Duties on Oil

Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…

Oil Field

Military Seizes Power in Resource-Rich Burma

The elected leaders of Myanmar have been arrested by the military, sending the resource-rich southeast Asian nation into a fresh political crisis.

United Arab Emirates

Energy Launches Policy Department Of Energy Launches Policy For Energy Production From Waste

The policy aims to address the potential challenges to the development of Energy from Waste in Abu Dhabi

Energy Storage Project

Foresight Solar Pivots to Grid Batteries

Foresight Solar Fund is seeking shareholder approval to amend the company’s investment policy to invest in grid batteries located with solar.

DNV Merges Oil & Gas and Renewables Arms into New Energy Business

Assurance and risk management company DNV GL is to combine its current Oil & Gas and Power & Renewables businesses into one new arm called Energy Systems.

India

India Inks Pact with IEA to Bolster its Energy Security

India signed a ‘strategic partnership framework’ on Wednesday with the International Energy Agency, the world’s premier energy monitor, further bolstering th…

Crude Oil

Make in India Boost, Oil Cess may be Halved

The government may give a 'Make in India' push to oil and gas explorers, as it is considering a proposal to almost halve cess on domestic crude oil to encourage…

India

India, Denmark launch Green Strategic Partnership

Under this partnership, the two countries would be cooperating through ministries, institutions, and stakeholders

Crude Oil

Only 36% Of Russia’s Oil Reserves Are Profitable

Only 36 percent of Russia's recoverable crude oil reserves can turn a profit in the current market, Deputy Energy Minister Pavel Sorokin said in an article for …

Oil&Gas Drilling

Biden Readies Ban On New Oil, Gas Drilling On Federal Lands

U.S. President Joe Biden is expected to sign on Wednesday an executive order directing federal government agencies to determine the extent of a ban on new drill…